In remarks that hit Wall Street stock prices, the central bank boss suggested the economy could hit a serious roadblock if Congress allows the Bush tax rates and a payroll tax cut to expire and $1.2 trillion in spending cuts to be implemented simultaneously in January.

“Under current law, on Jan. 1, 2013, there’s going to be a massive fiscal cliff of large spending cuts and tax increases,” Bernanke told the House Financial Services Committee. “I hope that Congress will look at that and figure out ways to achieve the same long-run fiscal improvement without having it all happen at one date.

“All those things are hitting on the same day, basically. It’s quite a big event.”

The tax hikes and spending cuts could knock GDP growth in 2013 down from 2.6 percent to 1 percent, according to Andrew Fieldhouse, a federal budget policy analyst with the liberal Economic Policy Institute .

“There is obviously a huge fiscal drag pending if Congress adheres to existing law,” he said.

Related

You can warn all you want, but when you don’t fix the fiscal/monetary policies that caused the mess, what is the point of warning? As far I can see, instead of tightening credit, they loosen it up… instead of breaking bad investments, they throw more money at it… instead of eliminating debt (at slow the rate of debt.. I mean come on!), more debt is needed…

Funny thing is, they cry Keynesian theory so much these days, but where was the surplus and higher taxes during the boom ;)

Masters of Deception – Ron Paul and Ben Bernake have created the image that they hold opposing policy on the monetary system but I believe this made for television drama is a two headed snake. They play out their roles as good guy vs bad guy leaving us with a clear choice for who is well qualified to oversee the creation of a new global monetary system. Clearly the public is being educated in the critical need for a sound monetary system but by whom?
Prior to C-span we did not have live televised hearings. C-span came to Washington when Hollywood came to Washington in the form of The Great Communicater – Ronald Reagan. Washington is a stage where both drama and comedy are performed. We are led to believe Ron Paul vehemently opposes the Fed but the sound bites we are offered are simply an old man with false teeth and no bite. Together Paul and Bernanke are leading us to the inevitable.

Brian Lamb – is the founder and chief executive officer of C-SPAN, a television network dedicated to coverage of government proceedings and public affairs… He graduated from Purdue University, where he was a member of Sigma Alpha Epsilon fraternity, with a Bachelor of Arts,[1] then joined the United States Navy. Lamb has said his time in the Navy “was probably the most important thing [he’s] ever done”. After two years at sea Lamb was transferred to the audiovisual office of the Assistant Secretary of Defense for Public Affairs.
In 1977, Lamb submitted to cable executives his idea of a non-profit channel that would broadcast Congress.[10] Said Lamb, “The risks weren’t very significant. No one knew who I was. If I failed, so what?”[1] The idea was approved and Lamb, three other men, and an annual budget of US$450,000 began broadcasting on March 19, 1979.
Sigma Alpha Epsilon

Sigma Phi Epsilon is a masonic based or derived fraternity in the United States. The disclosure has been authenticated by the following legal demand: Sigma Phi Epsilon censorship demand to Wikileaks over secret ritual book, Oct 2008.

Yesterday we had an article in “Bild,” today in “Handelsblatt,” in Germany concerning the German gold reserves. The content of both articles is questioning the Deutsche Bundesbank, because there is no official proof or audit. It is already in a German court to put pressure on the Bundesbank. Now they (the Press) asks why Germany is not taking its gold back home. The Bundesbank denied to answer other than the usual statement to keep the gold in different centres for trade reasons.

Kann die Bundesbank über ihr Gold noch verfügen?

BILD beim Goldschatz der Deutschen in New York

All the best,
CIGA Michael, from Metallwoche.de

Dear Michael,

Is it not silly for Germany not to hold their own gold? You can be sure most of it is at the NY Fed. Maybe a few ounces are located elsewhere.

Since the founding of the Sigma Chi chapter in 1875, Greek letter organizations have maintained a steady and influential presence on Purdue’s campus. Most growth in chapters and membership occurred between 1905 and 1960. Several of Purdue’s most distinguished graduates are members of fraternities and sororities

it seems pretty tame, jmo, nothing especially “masonic like”
NomNomNom said this on March 5, 2012 at 10:46 am

Nom,
These oaths may seem harmless but are in fact Satanic rituals, the oath is taken in the name of the secret society and is a covenant with Satan for life.
Revere Yahweh your Elohim, serve him only and take your oaths in His Name. 14 Do not follow other gods, the gods of the peoples around you; Deuteronomy 6:13
33 “Again, you have heard that it was said to the people long ago, ‘Do not break your oath, but fulfill to Yahweh the vows you have made.’ 34 But I tell you, do not swear an oath at all: either by heaven, for it is God’s throne; 35 or by the earth, for it is his footstool; or by Jerusalem, for it is the city of the Great King. 36 And do not swear by your head, for you cannot make even one hair white or black. 37 All you need to say is simply ‘Yes’ or ‘No’; anything beyond this comes from the evil one. Matthew 5:33
Ron Paul was initiated in the Lambda Chi Alpha Fraternity at his alma mater, Gettysburg College, in Pennsylvania. The November 2007 issue of Lambda Chi Alpha’s publication, Cross & Crescent, proudly announced “Ron Paul’s Presidential Bid.” Ron Paul was not only a member but a leader of Lambda Chi Alpha.
“Congressman Ron Paul (Gettysburg 1957) says the Fraternity provided him much fellowship but also supported him financially. He became house manager and was paid $9 a month, which paid for his rent. He then took the job of kitchen steward, which he says was a little more challenging… Paul also served as chapter secretary and was president of his pledge class.”

The June 2006 issue of Cross & Crescent featured an article about the initiation ritual of Lambda Chi Alpha, which was formulated by 33º Mason and Worshipful Master of a Masonic Lodge, John E. Mason. “John (‘Jack’) E. Mason – Master Craftsman” states:
“Dr. John E. ‘Jack’ Mason Jr. (Pennsylvania 1913), Lambda Chi Alpha’s spiritual founder, died of viral pneumonia 60 years ago on June 1, 1946. His unexpected death brought to an end the life of a man who converted the dream of our founder into a fully functioning fraternal organization.
“Mason was the principal author of our ritual, the primary designer of our badge and insignia, and the founder of our various publications… Mason was a prolific and tireless worker, and…he was considered ‘a recognized authority in ritual and history in the fraternity world’… Lambda Chi Alpha owes a debt incapable of repayment to Jack Mason, who was principally responsible for the assembly of our initiation ritual…
“Mason was an active member of the Masonic Fraternity, serving as the Worshipful Master of Continental Lodge #738, F.& A.M. of Pennsylvania in 1934. Later in his life he became a member of Philadelphia Lodge #51.
“In 1946, the 20th General Assembly authorized the establishment of the John E. Mason Memorial Foundation to commemorate his many contributions. In 1968, the Mason Memorial Foundation, the Duke Flad Memorial Fund, and the James T. Chirurgs Scholarship were merged into the Lambda Chi Alpha Educational Foundation.
“The most fitting monument, however, to Mason’s great talent remains the Ritual of Lambda Chi Alpha Fraternity.”

The November/December 1929 issue of Cross & Crescent presented a wealth of details on the occult history and character of Lambda Chi Alpha’s ritual. The section titled, “Fraternitys Ritual of Ancient Origin” states:
“In the summer of 1912 Mason, being dissatisfied with the then ritual of Lambda Chi Alpha,… began gathering material for a ritual which should incorporate existing insignia and combine them with high ethical teaching, traditions drawn from the remote past, a certain degree of esoteric philosophy, and specific perpetuation of old fraternal rituals. Particularly, Mason hoped that he could locate, in some European library, one or more ancient manuscripts which would embody long forgotten ritualistic teachings. He therefore pored over histories of ancient and medieval fraternal bodies, books on occultism, catalogues of notices and extracts from libraries, etc. At once a new field opened up.
“The outlines of fraternal history were sought in such books as Heckethorn’s Secret Societies of All Ages and Stevens’ Cyclopedia of Fraternities (copies of which are now in the central office library); books on the mystery cults of Egypt, the Orient, Greece, and Rome, by such authors as Wallis-Budge, Foucart, Cumont, Farnell, Jane Harrison, Lobeck, and many another; books on the esoteric cults of the East, by writers like Max Muller, Whitney, and Rhys-Davids; modern books on occultism like those of Mme. Blavatsky, Annie Besant, Eliphas Levy, Rudolph Steiner, Edouard Schure, and A. E. Waite; books on Masonry like those of Gould, Fort, and Mackey – all were devoured eagerly; all were laid under contribution, and voluminous notes were made from them. 251 South 44th St., Philadelphia, was littered up with a strange collection of occult and fraternal lore…
“…Out of all these emerged a formidable collection of notes for the new ritual. In later years, from these same notes was extracted the text of the lecture on fraternal traditions…
“…Out of this welter of material, a few typical and important lessons were extracted. What they are is well known to every initiate. It is not so well known that several portions of our ritual are extracted from ancient fraternal documents, which had lain hidden for many years until they were dug up for use in this connection.”
The historical founder of Lambda Chi Alpha fraternity was René d’Anjou, the ninth Grand Master of the Priory of Sion. According to Wikipedia, René of Anjou founded the chivalric Order of the Crescent, the namesake of Lambda Chi Alpha’s publication, Cross & Crescent. The rituals of Lambda Chi Alpha are based on the rituals of René d’Anjou’s Order of the Crescent.
“René of Anjou…founded an order of chivalry, the Ordre du Croissant, which preceded the royal foundation of St Michael, but did not survive René…
“René and his Order of the Crescent were adopted as ‘historical founders’ by the Lambda Chi Alpha Fraternity in 1912, as exemplars of Christian chivalry and charity. Ceremonies of the Order of the Crescent were referenced in formulating ceremonies for the fraternity.”
The Cross & Crescent made reference to “good King Rene” as the patron of the Order of the Crescent, the precursor and founding body of Lambda Chi Alpha:
“In connection with the esoteric traditions of the order has grown up an interest in visiting the scenes where fraternal bodies of the past have met. Thus in 1925 McIntosh and Mason visited Aigues Mortes, traditions meeting place of St. Louis’ Knights of the Double Crescent; the haunts of good King Rene, patron of the Order of the Crescent, in Tarascon and Aix; and in 1927 Mason and Nicholson paid a simjlar visit to Angers, Rene’s birthplace. Brother Ferris, also, has made a fraternal pilgrimage to Tarascon, one result of which is a beautiful water color sketch of Rene’s castle by Mrs. Ferris.”

Who was René d’Anjou (1409-80)? The ruler of many medieval territories, King René was a powerful figure in the Merovingian dynasty and its Dragon Court. The House of Anjou was a junior branch of the House of Vere, the highest pedigree of the demonic Dragon bloodline. The Dragon bloodline claims to have descended from the Canaanite Tuatha de Danaan which had intermarried with the apostate tribe of Dan in northern Israel. The Tuatha de Danaan, also called the Dragon Lords of Anu, were the offspring of the fallen angels (Anunnaki).
“When the Imperial and Royal Dragon Court was reconstituted by King Sigismund in 1408 as the Societas Draconis, it was based upon an ancient bloodline tradition which Sigismund assumed that he had inherited from his presumed Egyptian and Scythian ancestors through the Pictish, Dragon Princess Maelasanu of Northumbria and the Ancient and Original Angevin Royal House of Vere of Anjou, the Imperial Dukes of Angiers. This line had descended through the Tuatha de Danaan (the Dragon Kings of Anu) on the one hand, and the Egyptian Dragon Dynasty of Sobek on the other. The latter strain included the bloodline of the Davidic House of Judah who married into the descent of the Merovingian Kings of the Franks.” (“Genesis of the Grail Kings,” Laurence Gardner)
The offspring of the Dragon Lords of Anu, or Anunnaki, were giants, which in the Hebrew Scriptures are the Nephilim.
“And it came to pass, when men began to multiply on the face of the earth, and daughters were born unto them, That the sons of God saw the daughters of men that they were fair; and they took them wives of all which they chose. And the LORD said, My spirit shall not always strive with man, for that he also is flesh: yet his days shall be an hundred and twenty years. There were giants [Strongs #5303 nephiyl] in the earth in those days; and also after that, when the sons of God came in unto the daughters of men, and they bare children to them, the same became mighty men which were of old, men of renown.” Genesis 6:1-3
See: Heeding Bible Prophecy: New Government
10.D Mount Hermon/Mount Sion
10.G The Dragon Court
The sole purpose of the Imperial and Royal Dragon Court was to protect the descendants of this demonic lineage, from which bloodline will come the Antichrist.
“The Dragon Court exists as an organization solely for the bloodline descendants of the ancient Vere family – the senior bloodline successors as a Scythian-Merovin, Elven House of Princess Maelasanu – and for those whose bloodlines are extracted from this descent and its ancient Dragon Court.” (“From Transylvania to Tunbridge Wells,” Foreward, Nicolas de Vere)
Today the Dragon lineage is recognized by the European Union as a sovereign ethnic racial group (the seed of Satan). In fact, the Merovingian dynasty has ruled Europe for the better part of the past two millennia.
“The Imperial and Royal Dragon Court is the ancient Household Court and Order of the senior Angevin descendants of the Imperial and Royal House of Vere of Caledonia, Anjou and Lorraine, and the physical embodiment of the Sovereign Princedom of Drakenberg; which is recognised under European Law as a sovereign ethnic racial group; the principle nation state of the Draconian peoples:
“Furthermore, the royal and ambassadorial nature of the title of the Prince of Drakenberg (Princeps Draconis) is recognised under the ‘Official Observations’ of the Department of Internal Affairs of the Government of its state of origin within the European Union…” (“The Imperial and Royal Dragon Court & Order”)
This partially explains Ron Paul’s heavy promotion of Ludwig von Mises who collaborated with the founders of the Pan European Union, Coudenhove-Kalergi and Otto von Habsburg.
Was Ron Paul’s spiritual bond with Lambda Chi Alpha, a Roscrucian fraternity, severed when he graduated from Gettysburg College? The following statement is found in the Ritual of Lambda Chi Alpha Fraternity:
“EXPLANATION OF SYMBOLS AND MOTTOS A: Know then that the Bond of our Brotherhood is an eternal union between its members. The greek phrase of Zeugma Adelphotetos Christianikes, or Bond of Christian Brotherhood. Henceforth you are one in spirit with every brother of the fraternity.” (Ritual of Lambda Chi Alpha Fraternity, pp. 103-104, 1987)
Ron Paul is evidently a High Initiate in the Rosicrucian/Synarchist Conspiracy, and may be a bloodline descendant of the Dragon lineage.

If anyone thinks their vote really means anything they need to wake up to reality, regardless who you vote for, they have already taken an oath and signed a covenant that supersedes any oath of office or constitution. If anyone thinks any man can resolve the crisis we face, they have no comprehension of what is coming. As we approach the Myan calendar doomsday Winter Solstice Dec 21 we are being programmed and directed into an evolving end time scenario all choreographed including the intentional, engineered collapse of the global economy and complete destruction of the entire monetary system ushering us towards a new one world, gold standard, monetary system. Brother Ronald Ernest Paul and Brother Benjamin Shalom Bernanke are performing their roles as Masters of Deception delivering Order out of Chaos.

“we are being programmed and directed into an evolving end time scenario all choreographed including the intentional, engineered collapse of the global economy and complete destruction of the entire monetary system ushering us towards a new one world”

Ron Paul’s Masonic Jewish Economics
As we know, the Illuminati Jewish Money Power likes playing the Hegelian Dialecticgame and controlling both sides of the conflict. Clearly, they will have their answer ready when their Fiat Empire comes to it’s end.

That answer may be “Austrian” Economics. Here’s why “Austrian” economics espoused by Ron Paul is really another dialectic of Masonic Jewish economics.:

401…kristofferson…check out the movie “Rollover” (1980) in a nut shell, it is damn close to what could be happening right now…alot of movies from years ago reveal that perhaps even then they were revealing truths that were shown as “fictional”…watched “3 days of the condor” the other night…Robby Redford (1975) cia revealed “fictional” story…it has to fucking end…lots of bad shit hiding in “plain sight.”

” Military men are just dumb stupid animals, to be used as pawns in foreign policy. ” – Henry Kissinger

” We are on the verge of a global transformation. All we need is the right major crisis and the nations will accept the New World Order. ” – David Rockefeller

” How pale is the art of sorcerers, witches, and conjurors when compared with that of the government’s Treasury Department! ” – Ludwig von Mises

“ It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. ” – Henry Ford

” To you, Sovereign Instructors of Grade 33, we tell you: you have to repeat to the brothers of inferior grades that we worship only one God to whom we pray without superstition. It is we, initiated in the Supreme Grade, that are to keep the real Masonic religion preserving pure the Lucifer doctrine. ” – Albert Pike

” The Jesuits…are a secret society – a sort of Masonic order – with superadded features of revolting odiousness, and a thousand times more dangerous. ” – Samuel Morse

” If I were reincarnated, I would wish to be returned to earth as a killer virus to lower human population levels. ” – HRH Prince Phillip

“ I have learnt most of all from the Jesuit Order. So far, there has been nothing more imposing on earth than the hierarchical organization of the Catholic Church. A good part of that organization I have transported direct to my own party. The Catholic Church must be held up as an example. I will tell you a secret. I am founding an order. In Himmler (who would become head of the Nazi party) I see our Ignatius de Loyola (Jesuit founder). ” – Adolph Hitler

” In order to stabilize world population, we must eliminate 350,000 per day. ” – Jacques Cousteau

“ Give me control of a nation’s money and I care not who makes it’s laws. ” – Mayer Amschel Bauer Rothschild

” No one will enter the New World Order unless he or she will make a pledge to worship Lucifer. No one will enter the New Age unless he will take a Luciferian Initiation. ” – David Spangler UN

” We know in the not too distant future, a half dozen corporations are going to control the media. ” – Time Warner

” The high office of President has been used to ferment a plot to destroy the Americans freedom, and before I leave office I must inform the citizens of this plight. ” – jfk

” The Jesuits are a MILITARY organization, not a religious order. Their chief is a general of an army, not the mere father abbot of a monastery. And the aim of this organization is power – power in its most despotic exercise – absolute power, universal power, power to control the world by the volition of a single man. Jesuitism is the most absolute of despotisms – and at the same time the greatest and most enormous of abuses. ” – Napoleon Bonaparte

” … in politics nothing is accidental. If something happens, be assured it was planned this way. ” – Franklin D Roosevelt

” It is my opinion that if the liberties of this country – the United States of America – are destroyed, it will be by the subtlety of the Roman Catholic Jesuit priests, for they are the most crafty, dangerous enemies to civil and religious liberty. They have instigated MOST of the wars of Europe. ” – Marquis de LaFayette

” The society will be dominated by an elite of persons free from traditional values who will have no doubt in fulfilling their objectives by means of purged techniques with which they will influence the behavior of people and will control and watch the society in all details. It will become possible to exert a practically permanent watch on each citizen of the world. ” – Zbigniew Brzezinski

” The world is governed by very different personages from what is imagined by those who are’nt behind the scenes. ” – Benjamin Disraeli

” If we like it or not, we will have a One World Government. The question is if it will be achieved through consent or through conquest. ” – james warburg

” The United Nations is but a long range, international banking apparatus clearly set up for financial and economic profit by a small group of powerful One World revolutionaries, hungry for profit and power. ” – curtis dall

“ It is not my intention to doubt that the doctrine of the Illuminati and the principles of Jacobinism had not spread in the United States. On the contrary, no one is more satisfied of this fact than I am. ” – George washington

“ There is nothing new in the world except the history you do not know. ” – harry truman

” It’s a big club, and you ain’t in it. You and I are not in the big club. ” – George Carlin

” I will warn you against him (the Dajjal,anti-christ)… but I tell you about him something of which no prophet told his nation before me. You should know that he is one-eyed, and Allah is not one-eyed. ” – Prophet Mohammed

” Those who manipulate the organized habits and opinions of the masses constitute an invisible government which is the true ruling power of our country. ” – Edward Bernays CBS

” And at the same time the consciousness of being at war, and therefore in danger, makes the handing-over of all power to a small caste seem the natural, unavoidable condition of survival… It does not matter whether the war is actually happening, and, since no decisive victory is possible, it does not matter whether the war is going well or badly. All that is needed is that a state of war should exist… The war, therefore, if we judge it by the standards of previous wars, is merely an imposture. It is like the battles between certain ruminant animals whose horns are set at such an angle that they are incapable of hurting one another. But though it is unreal it is not meaningless. It eats up the surplus of consumable goods, and it helps to preserve the special mental atmosphere that a hierarchical society needs. War, it will be seen, is now a purely internal affair. In the past, the ruling groups of all countries, although they might recognize their common interest and therefore limit the destructiveness of war, did fight against one another, and the victor always plundered the vanquished. In our own day they are not fighting against one another at all. The war is waged by each ruling group against its own subjects, and the object of the war is not to make or prevent conquests of territory, but to keep the structure of society intact. The very word ‘war’, therefore, has become misleading. It would probably be accurate to say that by becoming continuous war has ceased to exist. ” – George Orwell

” In the country of the blind, the one-eyed man is king ” – Erasmus

“There’s no way to rule innocent men. The only power any government has is the power to crack down on criminals. Well, when there aren’t enough criminals, one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws.” – Ayn Rand